re: anyone follow? dnatron if you sincerely believe that ANL can...

re: anyone follow? dnatron if you sincerely believe that ANL can keep on highgrading for another 20 years you are mistaken.

Their ore reserve body is about 100mt at 1.00% Ni.

To high grade at 1.3% they have to mine about 8mt pa of which 3mt pa goes into Murrin-murrin as Ni grade of 1.3% and the rest is stockpiled.

But are they? Only way to find out is to wait for the next reserve ore/grade statement.

By doing so they render a great portion of their ore body not umenable to cost effective mining thus is worthless.

ANL has relinguished certain tenaments with large resource (see quarterly and/or annual reports), and they can only keep on highgrading for another 3-6 years.

ANL is not mining gold but Nickel which calls for a long mine life, about 30 years or more.

They need to source high grade ore and they need it now.

If they just bearly break even at 30,000t pa then it is a big ask to say that Murrin-Murrin would reach design capacity of 40,000.

At this rate, the ore body would be depleted in 3-6 years.

ANL does not need Heron ore tommorow, it needed Heron ore a year ago.

Arhidas